Energy Efficiency Clauses in Charter Party Agreements

Legal and Economic Perspectives and their Application to Ocean Grain Transport

  • George Adamantios Psarros

Table of contents

  1. Front Matter
    Pages i-xxxvii
  2. Prologue

    1. Front Matter
      Pages 1-1
    2. George Adamantios Psarros
      Pages 3-9
  3. Qualitative Part

    1. Front Matter
      Pages 11-11
    2. George Adamantios Psarros
      Pages 13-21
    3. George Adamantios Psarros
      Pages 23-29
    4. George Adamantios Psarros
      Pages 31-45
  4. Quantitative Part

    1. Front Matter
      Pages 47-47
    2. George Adamantios Psarros
      Pages 49-64
    3. George Adamantios Psarros
      Pages 65-100
  5. Epilogue

    1. Front Matter
      Pages 101-101
    2. George Adamantios Psarros
      Pages 103-109
  6. Back Matter
    Pages 111-175

About this book


This book provides practical solutions for addressing energy efficiency as a clause term within a charter party contract. For this, upon a reflection of the regulatory craft, it analyzes key concepts of case law, and discusses them together with commercial and economic principles. In this way, the book aims at offering a comprehensive, interdisciplinary view of the chartering process, together with a new approach for safeguarding energy efficiency investments. A special emphasis is given to the maritime industry. Here, the newly developed framework, based on game theory, has been successfully applied to demonstrate the importance of including a clause term in contract negotiation to achieve protection against both an uncertain market and an even more challenging shipping environment. The book not only fills a gap in the literature, covering a topic that has been largely neglected to date, yet it offers researchers and practitioners extensive information to change the chartering process radically.


Energy Efficiency Investment Sharing Scheme Dry Bulk Shipping Chartering Negotiations Principal‐Agent Problem Bargaining Freight And Hire Rates Revenue Performance Of A Vessel Time Charter Contracts Enhancing Environmental Performance Incentive Mechanism Design Voyage Charter Contracts Trip Charter Contracts Game Theory In Charter Parties

Authors and affiliations

  • George Adamantios Psarros
    • 1
  1. 1.DNV GL AS HøvikNorway

Bibliographic information

  • DOI
  • Copyright Information Springer International Publishing Switzerland 2017
  • Publisher Name Springer, Cham
  • eBook Packages Engineering Engineering (R0)
  • Print ISBN 978-3-319-50264-9
  • Online ISBN 978-3-319-50265-6
  • Series Print ISSN 2194-8445
  • Series Online ISSN 2194-8453
  • Buy this book on publisher's site
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